Future Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
E-MICRO USD/JPY Dec 2023 (CME:M6J.Z23)
Crossroads (-60) - M6J.Z23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid M6J.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6J.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6J.Z23
The long-term trend has been UP since Aug 10th, 2023 at 139.70
The intermediate-term trend has been DOWN since Nov 20th, 2023 at 147.36
The short-term trend has been DOWN since Dec 3rd, 2023 at 146.41
Smart Scan Analysis for M6J.Z23
Based on our trend formula, M6J.Z23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).